Applying for a personal loan
Revolut personal loans
Revolut offers unsecured personal loans between the values of €2,000 to €30,000. You can apply for and manage your loan through your Revolut app.
Loan conditions, including interest rates, will depend on your individual circumstances and risk profile. You need to submit an application in-app to get a loan offer. You'll be able to review the final offer before accepting the loan.
Requirements for loan eligibility
- You're a full resident in the Republic of Ireland
- You're at least 18 years old
- You permanently live in a registered address in Ireland and the address linked to your Revolut account is up-to-date
- You're an active Revolut customer for at least 30 days and have no information missing from your account
- You're employed in Ireland and have your income paid directly into your Revolut, AIB, Bank of Ireland, or Permanent TSB account. You'll need to have received at least 3 consecutive months of income payments from the same employer in the linked bank account
- You have an Irish or UK mobile phone number linked to your Revolut account
- You have no negative balances in your Revolut account and no overdue commitments to third parties
How to apply for a personal loan
- Go to 'Home' on the bottom menu
- Below your balance, tap 'Accounts'
- Tap 'Add new'
- Select 'Personal loan'
- Fill out the short application
- If requested, link your salary bank account via secure Open Banking. This is required for us to verify your income
Once you submit your application, we'll carry out credit checks to determine if your request meets our lending policy. If we need more information, we'll reach out via email. If we need additional documents, you'll be able to submit them in-app. You should get a decision within 3 business days.
Your loan application may require a Central Credit Register (CCR) check, which leaves an enquiry on your record, but does not negatively impact your credit report.
If your loan application is approved
If your loan is approved, your offer may be different to what you applied for. You'll be able to review the terms and accept, reject, or edit the offer. You need to finalise the process by:
- Viewing the offer
- Editing the offer (if needed)
- Reading the pre-contractual documentation
- Accepting the offer in-app
- The disbursement will be available in your Revolut account immediately
While reviewing your application, we consider your existing debts, expenses, and income. If we determine that the amount and term you initially asked for may lead to financial difficulties, we'll adjust the offer accordingly. Our decision is final and can't be changed by our Revolut Support agents.